Civic Intelligence

Frost & Sullivan Institute

990 • Fiscal year 2019 • EIN 20-3391011

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 16, 2020

7550 Ih 10 WestSan Antonio, TX 78229

(210) 621-5907

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.26x

Higher debt load relative to assets than 61% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

86th percentile

1.50x

Higher debt load relative to revenue than 86% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

74th percentile

16%

Higher net margin than 74% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

54th percentile

$130,839

Higher top officer pay than 54% of similar nonprofits.

Top officer pay equals 8.6% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

63rd percentile

7.4%

Faster asset growth than 63% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

1st percentile

-83%

Faster revenue growth than 1% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Up

$8,734,812

Up $605,089 (+7.4%) from 2018

Net Assets

Up

$6,458,730

Up $246,040 (+4.0%) from 2018

Liabilities

Up

$2,276,082

Up $359,049 (+19%) from 2018

Revenue

Down

$1,517,154

Down $7,608,287 (-83%) from 2018

Expenses

Up

$1,271,114

Up $396,209 (+45%) from 2018

Net Income

Down

$246,040

Down $8,004,496 (-97%) from 2018

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2011: $608,280Liabilities 2011: $691,185Net Assets 2011: -$82,9062011Assets 2012: $960,719Liabilities 2012: $583,727Net Assets 2012: $376,9922012Assets 2013: $1,022,006Liabilities 2013: $540,319Net Assets 2013: $481,6872013Assets 2015: $61,911Liabilities 2015: $431,144Net Assets 2015: -$369,2332015Assets 2016: $64,575Liabilities 2016: $1,256,571Net Assets 2016: -$1,191,9962016Assets 2017: $2,902Liabilities 2017: $2,040,748Net Assets 2017: -$2,037,8462017Assets 2018: $8,129,723Liabilities 2018: $1,917,033Net Assets 2018: $6,212,6902018Assets 2019: $8,734,812Liabilities 2019: $2,276,082Net Assets 2019: $6,458,7302019Assets 2020: $8,918,747Liabilities 2020: $2,397,662Net Assets 2020: $6,521,0852020Assets 2021: $9,106,452Liabilities 2021: $2,634,764Net Assets 2021: $6,471,6882021Assets 2022: $9,318,351Liabilities 2022: $2,495,750Net Assets 2022: $6,822,6012022Assets 2023: $8,879,892Liabilities 2023: $2,156,919Net Assets 2023: $6,722,9732023Assets 2024: $8,786,952Liabilities 2024: $2,066,345Net Assets 2024: $6,720,6072024

Highlighted filing

2019

Assets$8,734,812
Liabilities$2,276,082
Net Assets$6,458,730

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$10M$5.0M$0-$5.0MRevenue 2011: $2,182,069Expenses 2011: $2,109,809Net Income 2011: $72,2602011Revenue 2012: $2,517,626Expenses 2012: $2,057,728Net Income 2012: $459,8982012Revenue 2013: $2,275,842Expenses 2013: $2,171,147Net Income 2013: $104,6952013Revenue 2015: $1,791,325Expenses 2015: $2,208,465Net Income 2015: -$417,1402015Revenue 2016: $1,414,779Expenses 2016: $2,237,542Net Income 2016: -$822,7632016Revenue 2017: $1,345,895Expenses 2017: $2,191,745Net Income 2017: -$845,8502017Revenue 2018: $9,125,441Expenses 2018: $874,905Net Income 2018: $8,250,5362018Revenue 2019: $1,517,154Expenses 2019: $1,271,114Net Income 2019: $246,0402019Revenue 2020: $791,406Expenses 2020: $729,051Net Income 2020: $62,3552020Revenue 2021: $698,328Expenses 2021: $747,725Net Income 2021: -$49,3972021Revenue 2022: $1,146,153Expenses 2022: $795,240Net Income 2022: $350,9132022Revenue 2023: $932,048Expenses 2023: $1,027,690Net Income 2023: -$95,6422023Revenue 2024: $779,104Expenses 2024: $779,961Net Income 2024: -$8572024

Highlighted filing

2019

Revenue$1,517,154
Expenses$1,271,114
Net Income$246,040
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 16, 2020
Return Version
2019v5.0
Gross Receipts
$1,851,381
Mission and Program Overview

Mission

To be the global organization of choice for professionals engaged in competitive intelligence and related disciplines.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$8,000,000$7,665,772▼ $334,228
Receivables From Officers Etc-$869,132-
Cash and Non-Interest-Bearing Accounts$19,439$94,934▲ $75,495
Prepaid Expenses and Deferred Charges$110,284$72,495▼ $37,789
Accounts Receivable-$29,750-
Land, Buildings, and Equipment, Net-$2,729-
Savings and Temporary Cash Investments-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$8,129,723$8,734,812▲ $605,089
Other Assets Total-$0-
Liabilities
Other Liabilities$1,684,598$1,935,601▲ $251,003
Deferred Revenue$228,746$325,540▲ $96,794
Accounts Payable and Accrued Expenses$3,689$14,941▲ $11,252
Total Liabilities$1,917,033$2,276,082▲ $359,049
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,000,000$7,665,772▼ $334,228
Net Assets Without Donor Restrictions$-1,787,310$-1,207,042▲ $580,268
Total Net Assets Fund Balance$6,212,690$6,458,730▲ $246,040
Total Liabilities and Net Assets / Fund Balance$8,129,723$8,734,812▲ $605,089

Asset Categories

AssetBook ValueDepreciationBasis
Other Land Buildings$2,729$20,800$23,529
Closely Held Equity Interests$7,665,772--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Cameron MackeyExecutive DirectorFT$130,839$130,839

Board Members and Trustees

NameTitle
David FrigstadDirector
Wyman BravardDirector
Revenue and Support

Revenue Composition

Contributions and Grants
$199,840
Program Service Revenue
$782,410
Investment Income
$534,904
Other Revenue
$0
All Other Contributions
$26,450
Change in Net Assets
$246,040
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$995,215
Salaries, Compensation, and Employee Benefits$275,899
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$381,448--$381,448
Fees for Services Other$197,603$26,807-$224,410
Occupancy$150,490--$150,490
Current Officers, Directors, Trustees, and Key Employees$117,755$13,083-$130,838
Other Salaries and Wages$99,917--$99,917
Travel$35,254--$35,254
Advertising$34,913--$34,913
Other Employee Benefits$27,323--$27,323
All Other Expenses$25,403--$25,403
Payroll Taxes$16,752$1,069-$17,821
Other Expenses$7,705--$7,705
Information Technology$6,032--$6,032
Office Expenses-$5,041-$5,041
Fees for Services Legal-$2,178-$2,178
Depreciation Depletion-$546-$546
Total Functional Expenses$1,222,390$48,724$0$1,271,114
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-OfficersStock SaleNo$860,095

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees-$869,132-
Receivables from Disqualified Persons-$0-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Frost & Sullivan - Due To/due From$1,858,159
Accrued Expenses$62,506
Accrued Vacation$14,061
Accrued 401k$875
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

990 will be reviewed by the executive director

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

AVAILABLE UPON REQUEST

Filing and Contact Details

Filer

Filer Name
Frost & Sullivan Institute
EIN
20-3391011
Phone
2106215907
Address
7550 IH 10 WEST, SAN ANTONIO, TX 78229

Signing Officer

Name
Wyman Bravard
Title
Director
Signed
2020-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Wyman Bravard
Formed
2005
Legal Domicile
De
Voting Board Members
2
Independent Board Members
2
Employees
4

Preparer

Firm
Brehm Havel & Company Llp
Address
7809 BROADWAY ST, SAN ANTONIO, TX 78209
Preparer
Roberta M Cowart
Phone
2108267000
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IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0173390
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0179922
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt0353312
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0534904
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0534904
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0808861
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0945519
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01345895
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01414779
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01791325
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06306379
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0534904
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0534904
IRS990ScheduleA/InvestmentIncomeCYPct00.07430
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/TotalAmt00
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.92570
IRS990ScheduleA/PublicSupportPY509Pct01.00000
IRS990ScheduleA/PublicSupportTotal509Amt06659691
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0982251
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01125441
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01345895
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01414779
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01791325
IRS990ScheduleA/Total509Grp/TotalAmt06659691
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01517155
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01125441
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01345895
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01414779
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01791325
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07194595
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/BookValueAmt07665772
IRS990ScheduleD/CloselyHeldEquityInterestsGrp/MethodValuationCd0C
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt02729
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt020800
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt023529
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0875
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt162506
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt214061
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt31858159
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED 401K
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1ACCRUED EXPENSES
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc2ACCRUED VACATION
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc3FROST & SULLIVAN - DUE TO/DUE FROM
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02729
IRS990ScheduleD/TotalBookValueSecuritiesAmt07665772
IRS990ScheduleD/TotalLiabilityAmt01935601
IRS990/ScheduleJRequiredInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/NameOfInterested/BusinessName/BusinessNameLine1Txt0FRIGSTAD & BRAVARD
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICERS
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/SharingOfRevenuesInd0false
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionAmt0860095
IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0STOCK SALE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BalanceDueAmt0869132
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BoardOrCommitteeApprovalInd0true
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/BusinessName/BusinessNameLine1Txt0FRIGSTAD & BRAVARD
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/DefaultInd0false
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanFromOrganizationInd0X
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/LoanPurposeTxt0STOCK SALE
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/OriginalPrincipalAmt0803253
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/RelationshipWithOrgTxt0DIRECTOR
IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/WrittenAgreementInd0true
IRS990ScheduleL/TotalBalanceDueAmt0869132
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 WILL BE REVIEWED BY THE EXECUTIVE DIRECTOR
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/SubjectToExcsTaxNetInvstIncInd0false
IRS990/SubjectToProxyTaxInd0false
IRS990/SubjToTaxRmnrtnExPrchtPymtInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt08129723
IRS990/TotalAssetsEOYAmt08734812
IRS990/TotalAssetsGrp/BOYAmt08129723
IRS990/TotalAssetsGrp/EOYAmt08734812
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0199840
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt048724
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt01222390
IRS990/TotalFunctionalExpensesGrp/TotalAmt01271114
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt01917033
IRS990/TotalLiabilitiesEOYAmt02276082
IRS990/TotalLiabilitiesGrp/BOYAmt01917033
IRS990/TotalLiabilitiesGrp/EOYAmt02276082
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt06212690
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt06458730
IRS990/TotalProgramServiceExpensesAmt01222390
IRS990/TotalProgramServiceRevenueAmt0782410
IRS990/TotalReportableCompFromOrgAmt0130839
IRS990/TotalRevenueGrp/ExclusionAmt0534904
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0782410
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01517154
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt08129723
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt08734812
IRS990/TravelGrp/ProgramServicesAmt035254
IRS990/TravelGrp/TotalAmt035254
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt07550 IH 10 WEST 400
IRS990/USAddress/CityNm0SAN ANTONIO
IRS990/USAddress/StateAbbreviationCd0TX
IRS990/USAddress/ZIPCd0782295825
IRS990/VotingMembersGoverningBodyCnt02
IRS990/VotingMembersIndependentCnt02
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02021-01-29 14:40:06Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0WYMAN BRAVARD

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